Cover Story
As economic growth languishes and worries about the specter of deflation mount, much-needed infrastructure development and new sources of project financing could provide a panacea to global growth.

It is essential for companies to work with banking partners they know they can trust. Global Finance’s annual ranking of World’s Safest Banks have been the recognized and trusted standard of financial counterparty safety for more than 20 years.

This year, we updated the name of the awards to reflect the extent to which digitization is transforming our lives in general and banking in particular. By renaming this as the Digital Bank Awards, we are making the competition more inclusive of current technology and more future-focused in anticipation of developments still to come.

Innovative Technology: Our award winning CashPro® Online and Mercury™ portals put state-of-the-art reporting and instruction tools in clients’ hands, giving a holistic view of their business across both custody and other BAML services such as Cash Management, FX, and Prime Brokerage.

Outlook: Bank of America Merrill Lynch is committed to providing a robust and comprehensive custody service to its clients across the globe by continually investing in new diverse service and platform capabilities, and integrated offerings across transaction services and global markets. Through innovation and investment, including a focus on risk reduction and regulatory changes, our global custody offering helps clients become more proactive and efficient at managing their assets.